301 Sw 7th Ave, Delray Beach
Palm Beach County Real Estate - Delray Beach
Delray Beach is in South East Florida. It's population as recorded in the 2010 Census was 60,522.
The median age for residents of Delray Beach is 46. Around 19.8% of Delray Beach households include school aged children and 37.9% of households include individuals aged 65 years or over. Census records indicate 65.7% of the Delray Beach population are White, 28% are Black or African American, .2% American Indian, 1.8% Asian and 1.7% are Two or more Races.
There are 34,156 housing units in Delray Beach. 6,963 (20.3%) of these were reported as vacant in the 2010 Census. Delray Beach is a tourist destination, 54.9% (3,827) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 10,259 residential rental units in Delray Beach. 9,004 of them were occupied in 2010 providing a residential rental vacancy rate of 11.7%.
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Palm Beach County
Palm Beach County is part of the southeast Florida region along with Indian River, St. Lucie, Martin, Miami-Dade, Broward, and Monroe counties. Palm Beach County has 38 cities, towns and villages in total. West Palm Beach is the county's largest city and acts as the county seat. Palm Beach has a population over 1.3 million.
Palm Beach County has many wealthy towns such as Palm Beach, Boca Raton, and Jupiter, as well as a large equestrian population making it one of Florida's wealthiest counties. As a result, real estate prices are comparatively higher in Palm Beach County than most other counties in Florida.
Palm Beach County's major private sector employers are Tenet Healthcare Corporation, Hospital Corporation of America, Florida Power & Light, The Breakers, and Office Depot. Top public sector employers are Palm Beach County School Board, Palm Beach County, Florida Atlantic University, and Boca Raton Community Hospital. Palm Beach County considers agribusiness; aviation, aerospace, and engineering; equestrian; healthcare; green energy; and corporate headquarters to be among its main industries.
Boca Raton is in southern Palm Beach County and is known as the birthplace of the IBM personal computer. It still hosts a large research park focused on technological innovation. The city hosts the headquarters for Office Depot and GEO Group. Florida Atlantic University and Lynn University are both located in Boca Raton.
Neighboring Properties
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 305 Sw 7th Ave | Single Family | 1,221 | B |
 |
| 311 Sw 7th Ave | Single Family | 1,036 | B |
|
| 625 Sw 3rd St | Single Family | 1,535 | B |
|
| 315 Sw 7th Ave | Single Family | 1,058 | B |
|
| 704 Sw 3rd St | Single Family | 1,757 | B |
|
| 306 Sw 6th Ave | Single Family | 2,252 | B |
|
| 607 Sw 3rd St | Multi-family - less than 10 units | 1,534 | C |
|
| 701 Sw 3rd St | Vacant Residential | 0 | L | |
| 312 Sw 6th Ave | Single Family | 1,803 | B |
|
| 310 Sw 7th Ave | Single Family | 1,230 | B |
|
| 710 Sw 3rd St | Single Family | 1,418 | B |
|
| 239 Sw 7th Ave | Single Family | 1,646 | B |
|
| 705 Sw 3rd St | Vacant Residential | 0 | L | |
| 318 Sw 6th Ave | Single Family | 1,267 | B |
|
| 321 Sw 7th Ave | Single Family | 1,363 | B |
|
| 238 Sw 6th Ave | Vacant Residential | 0 | L | |
| 702 Sw 2nd Ter | Vacant Residential | 0 | L | |
| 709 Sw 3rd St | Vacant Residential | 0 | L | |
| 716 Sw 3rd St | Single Family | 1,418 | B |
|
| 322 Sw 6th Ave | Single Family | 1,390 | B |
|
| 704 Sw 2nd Ter | Vacant Residential | 0 | L | |
| 234 Sw 6th Ave | Single Family | 746 | B |
|
| 241 Sw 6th Ave | Single Family | 1,733 | B |
|
| 512 Sw 3rd St | Single Family | 1,692 | B |
|
| 229 Sw 7th Ave | Single Family | 1,688 | B |
|
| 708 Sw 2nd Ter | Vacant Residential | 0 | L | |
| 307 Sw 6th Ave | Single Family | 1,611 | B |
|
| 309 Sw 8th Ave | Single Family | 962 | B |
|
| 513 Sw 3rd St | Single Family | 1,363 | B |
|
| 230 Sw 6th Ave | Single Family | 865 | B |
|
| 722 Sw 3rd St | Single Family | 2,027 | B |
|
| 717 Sw 3rd St | Vacant Residential | 0 | L | |
| 313 Sw 8th Ave | Single Family | 1,068 | B |
|
| 315 Sw 6th Ave | Single Family | 1,113 | B |
|
| 703 Sw 2nd Ter | Vacant Residential | 0 | L | |
| 225 Sw 7th Ave | Single Family | 1,688 | B |
|
| 712 Sw 2nd Ter | Vacant Residential | 0 | L | |
| 317 Sw 8th Ave | Single Family | 950 | B |
|
| 317 Sw 6th Ave | Single Family | 923 | B |
|
| 237 Sw 6th Ave | Single Family | 1,132 | B |
|
| 705 Sw 2nd Ter | Vacant Residential | 0 | L | |
| 509 Sw 3rd St | Single Family | 1,622 | B |
|
| 226 Sw 6th Ave | Single Family | 989 | B |
|
| 321 Sw 8th Ave | Single Family | 1,047 | B |
|
| 321 Sw 6th Ave | Single Family | 2,854 | B |
|
| 233 Sw 6th Ave | Single Family | 1,006 | B |
|
| 709 Sw 2nd Ter | Vacant Residential | 0 | L | |
| 716 Sw 2nd Ter | Vacant Residential | 0 | L | |
| 325 Sw 8th Ave | Single Family | 1,935 | B |
|
Local Household Income
The median household income in this part of Florida is $63,276. The bottom 10% of the population earn less than $20,292 per year. The top 10% earn more than $202,982 per year. The top 1% earn more than $628,408 per year. Most renters earn between $32,220 (20th percentile) and $62,628 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $126,552 and $158,190.
The tax assessed value of this property places it in percentile 21 of all properties in this area. This suggests it would appeal to someone earning around $31,234 per year who should qualify for a mortgage between $62,468 and $78,085.
Source: US Census American Community Survey - 2008-2012 ACS 5-year PUMS estimates
Local Rents
The median monthly rent in this part of Florida is $1,216. Most renters earn between $2,685 and $5,219 per month. They typically spend 36% of their monthly income on rent. Most rents fall in the $865 (20th percentile) to $1,775 (80th percentile) range. The residential vacancy rate is 6%.
This property falls in percentile 21 of all properties in this area. This corresponds to a rent of $881 per month and a monthly household income of $2,734 ($32,808 per year)
Nearby Companies
239 Sw 7th Ave
305 Sw 7th Ave
322 Sw 6th Ave
322 Sw 6th Ave
322 Sw 6th Ave
307 Sw 6th Ave
322 Sw 6 Avenue
322 Sw 6 Avenue
329 Sw 8th Ave
329 Sw 8th Ave
313 Sw 8th Ave
704 Sw 3rd St